Residential lighting fixtures saw a huge +6% increase in November, pushing up its year-over-year (YOY) data to +7.7% This increase led an otherwise quiet month for Electrical Marketing’s Electrical Price Index (EPI), with the overall index showing a +0.2% monthly increase and a +2.8% YOY increase. Pole-Line Hardware (+1.4%) and Boxes (+1.4%) and Fasteners (+2%) had a monthly increase of more than one percent.
Note: All EPI series represent Global Insight aggregates of Bureau of Labor Statistics’ (BLS) producer price indices (PPIs). The revised data partly reflect redefinitions of specific PPIs by the BLS, but mostly reflect the rebenchmarking of all EPI price series to a 1997 base year. The four following EPI series have been affected by BLS redefinitions: boxes, conduit (fittings), nonmetallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight